Pike Electric Prices 6.95M Share Secondary Offering at $11.50/Share

MOUNT AIRY, N.C.--(BUSINESS WIRE)-- Pike Electric Corporation PIKE (“Pike”), one of the nation's leading energy solutions providers, announced Wednesday the pricing of the secondary public offering of shares of its common stock (the “offering”) by an entity affiliated with Lindsay Goldberg LLC (the “selling stockholder”) at a price to the public of $11.50 per share. The offering of the shares has been upsized from 6,500,000 shares to 6,956,522 shares. In addition, the underwriters of the offering will have an option to purchase up to 1,043,478 additional shares from the selling stockholder. The selling stockholder will receive all of the proceeds from the offering; no shares in the offering are being sold by Pike or any of its officers or directors. See full press release